Industrial Conglomerates

Bank of America has upgraded Tyco International (NYSE: TYC) from Neutral to Buy and has raised the price objective from $52 to $53.

Siemens Industry, Inc. (NYSE: SI) today announced it has been awarded a multi-million dollar contract to equip two platform supply vessels with its unique diesel electric propulsion solution at Fincantieri Marine Group's Bay Shipbuilding Company in Sturgeon Bay, Wis. A Tidewater Inc. subsidiary...

Woodward, Inc. (NASDAQ: WWD) announced today that it signed an agreement with General Electric Company, through its GE (NYSE: GE) Aviation business unit, to develop and supply the fuel system, air management, and actuation hardware for CFM International's LEAP-X engine program. Under the...

Thesis: Energold Drilling (EGD) is an obscure, under-appreciated micro-cap franchise that possesses both a large margin of safety and what we believe is an incredibly favorable, highly skewed risk/reward equation. Investment Highlights: An investment in Energold at or around the current price...

Goldman Sachs upgraded Tyco (NYSE: TYC) from Neutral to Buy.

The Board of Directors of 3M (NYSE: MMM) today declared a dividend on the company's common stock of 55 cents per share for the third quarter of 2011, payable Sept. 12, 2011, to shareholders of record at the close of business on August 19, 2011. 3M has paid dividends to its shareholders without...

eSolar announced today that in addition to its licensing agreement with GE Energy, GE (NYSE: GE) has closed a strategic investment in the company. As part of the deal Paul Browning, president and CEO of Thermal Products, for GE Energy, will join the eSolar board of directors.

By Peter Prudden It is with great regret and sadness that we announce the passing of the US stock market today. After suffering a horrific credit crash in 2008, the monetary life support initiated by the federal government was unable to properly restore the health of the patient. The market...

Boeing (NYSE: BA) and Siemens (NYSE: SI) today announced a strategic alliance for the joint development and marketing of "smart grid" technologies to improve energy access and security for the U.S. Department of Defense, the largest energy consumer in the federal government.

Siemens (NYSE: SI) is preparing to restructure its renewable business into two independent divisions. The Renewable Energy Division will be divided into a wind power division and a solar and hydro power division from October 1, 2011. Michael Suess, CEO of Siemens Energy Sector, said, 'We're...

Below are the top heavy construction stocks on the NYSE in terms of cash. Fluor Corporation (NYSE: FLR) had $2.35 billion in total cash and $82.95 million in total debt for the latest quarter. Shaw Group Inc (The) (NYSE: SHAW) had $1.72 billion in total cash and $1.62 billion in total debt for...

I am currently reading the book Guide to Investing in the Apocalypse by James Altucher and Douglas R. Sease. The book has an entire chapter on the emerging fresh water crisis. The book describes how 40% of the world's population will be without adequate clean water within nine years, according to...

Cusick's Corner What a week. The initial rally at today's open did not last long, the selling began but then Europe's response to Italian and Spanish debt problems/default risk helped bring the market back causing more whiplash. There was that bounce because the US relies on exports to Europe to...

BMO Capital Markets maintained its Walter Energy (NYSE: WLT) Market Outperform, and lowered its Walter Energy price target from $150 to $125 in a research report published today. In the report, BMO Capital Markets states, "Barring a severe economic recession, supply of premium metallurgical coal...

Citi has published a report on McDermott International (NYSE: MDR) lowering the price target by $4.50. In the report, Citi wrote, "On 08/04/11, the shares of MDR tumbled ~27% while the peer group (i.e. ex-MDR) fell 9% and the S&P 500 declined 5%. In our opinion, fears about the health of the...